Teck Resources Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Teck Resources in the last twelve months. There are currently 5 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Teck Resources stock.
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Wall Street analysts have given Teck Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Teck Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Teck Resources saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 8,100,000 shares, an increase of 28.0% from the June 15th total of 6,330,000 shares. Based on an average trading volume of 5,240,000 shares, the short-interest ratio is currently 1.5 days. Currently, 1.6% of the shares of the stock are sold short.
View Teck Resources' Short Interest.

Teck Resources is scheduled to release its next quarterly earnings announcement on Tuesday, October 26th 2021.
View our earnings forecast for Teck Resources.

Teck Resources Limited (NYSE:TECK) posted its earnings results on Tuesday, July, 27th. The basic materials company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.50 by $0.13. The basic materials company had revenue of $2.56 billion for the quarter, compared to the consensus estimate of $2.69 billion. Teck Resources had a positive trailing twelve-month return on equity of 3.82% and a negative net margin of 2.55%. The firm's revenue for the quarter was up 48.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.17 earnings per share.
View Teck Resources' earnings history.

Teck Resources' stock was trading at $8.20 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TECK shares have increased by 178.5% and is now trading at $22.84.
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Teck Resources declared a quarterly dividend on Friday, April 30th. Stockholders of record on Tuesday, June 15th will be given a dividend of $0.0404 per share on Wednesday, June 30th. This represents a $0.16 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend is Monday, June 14th. This is an increase from Teck Resources's previous quarterly dividend of $0.04.
View Teck Resources' dividend history.

Teck Resources pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.34%. Teck Resources does not yet have a strong track record of dividend growth. The dividend payout ratio of Teck Resources is 10.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Teck Resources will have a dividend payout ratio of 3.29% next year. This indicates that Teck Resources will be able to sustain or increase its dividend.
View Teck Resources' dividend history.

17 equities research analysts have issued 1-year target prices for Teck Resources' shares. Their forecasts range from $14.00 to $42.00. On average, they expect Teck Resources' stock price to reach $30.47 in the next year. This suggests a possible upside of 33.4% from the stock's current price.
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Some companies that are related to Teck Resources include Vulcan Materials (VMC), Martin Marietta Materials (MLM), Sociedad Química y Minera de Chile (SQM), MDU Resources Group (MDU), Lynas Rare Earths (LYSDY), Summit Materials (SUM), Hecla Mining (HL), Compass Minerals International (CMP), Largo Resources (LGO), Piedmont Lithium (PLL), United States Lime & Minerals (USLM), Energy Fuels (UUUU), U.S. Silica (SLCA), Intrepid Potash (IPI) and Centrus Energy (LEU).
View all of TECK's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Teck Resources investors own include Teck Resources (TECK.B), Bank of America (BAC), Intelsat (I), Freeport-McMoRan (FCX), Micron Technology (MU), AMC Entertainment (AMC), Fossil Group (FOSL), Ciena (CIEN), Associated British Foods (ABF) and Chaarat Gold (CGH).

Teck Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "TECK."

Teck Resources' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Hillsdale Investment Management Inc. (0.04%) and Confluence Investment Management LLC (0.00%).

TECK stock was sold by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc..

TECK stock was purchased by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC.

Shares of TECK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TECK stock can currently be purchased for approximately $22.84.

Teck Resources has a market capitalization of $11.98 billion and generates $6.68 billion in revenue each year. The basic materials company earns $-644,980,000.00 in net income (profit) each year or $0.78 on an earnings per share basis.

Teck Resources employs 10,000 workers across the globe.

Teck Resources was founded in 1906.

The official website for Teck Resources is www.teck.com.

Teck Resources is headquartered at 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3.

Teck Resources' mailing address is 550 BURRARD ST SUITE 3300 BENTALL 5, VANCOUVER A1, V6C 0B3. The basic materials company can be reached via phone at 604-699-4000 or via email at [email protected]